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This represents an 8% increase compared to 2022 guidance for the fragrance company.
November 22, 2022
By: Melissa Meisel
Inter Parfums, Inc. expects 2023 net sales of $1.11 billion—an 8% increase in net sales compared to its 2022 guidance of $1.03 billion in net sales. Guidance assumes that the average dollar/euro exchange rate remains at current levels and there is no significant resurgence of the COVID-19 pandemic, according to the company. “Building upon the record sales we are projecting in 2022, the increase in 2023 that we anticipate is due to a number of factors,” said CEO Jean Madar. “...
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